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The three ways of measuring Gross Domestic Product are the __________ approach, the ________ approach, and the __________ approach. 3 Select one: a. real GDP, nominal GDP, potential GDP b. income, expenditure, value-added c. expenditure, income, real GDP

The three ways of measuring Gross Domestic Product are the __________ approach, the ________ approach, and the __________ approach. 3 Select one: a. real GDP, nominal GDP, potential GDP b. income, expenditure, value-added c. expenditure, income, real GDP

Brief Principles of Macroeconomics (MindTap Course List)
Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter5: Measuring A Nation's Income
Section: Chapter Questions
Problem 6QR
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The three ways of measuring Gross Domestic Product are the __________ approach, the ________ approach, and the __________ approach.


3

Select one:
a. real GDP, nominal GDP, potential GDP
b. income, expenditure, value-added
c. expenditure, income, real GDP
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